Peter Kafka in Media on October 15, 2009 at 4:34 am PT
Google CEO Eric Schmidt couldn’t be any clearer: He’s been saying, over and over, that he thinks the recession is in his company’s rear-view mirror. And Wall Street has been listening: It has been steadily pushing up the search giant’s shares for months. Today we get to find out just how good Google’s growth story is.
John Paczkowski in News on October 12, 2009 at 7:34 am PT
Google isn’t scheduled to report third-quarter results until Thursday, but already shares in the company are trading higher in anticipation of solid results. At $524.24, they’re up 1.55 percent–nearly $8, and not without good reason.
John Paczkowski in News on October 12, 2009 at 7:34 am PT
Google isn’t scheduled to report third-quarter results until Thursday, but already shares in the company are trading higher in anticipation of solid results. At $524.24, they’re up 1.55 percent–nearly $8, and not without good reason.
Peter Kafka in Media on September 30, 2009 at 7:48 am PT
Google and Yahoo both expect mobile ads to provide big boosts. Time to rethink that notion, says Bernstein Research’s Jeffrey Lindsay, who says mobile will be a modest niche business for the big guys.
Peter Kafka in Media on September 1, 2009 at 5:16 am PT
Wal-Mart is the world’s biggest retailer, but online, it’s still a relative piker. Now the company is trying to change that by opening up its Web store to other retailers–just as its biggest competitors already do. But no need for Amazon and eBay to start sweating just yet.
John Paczkowski in News on July 9, 2009 at 8:11 am PT
After a bit of reflection, the Street is beginning to have its say about Google’s new Chrome operating system, and the consensus seems to be that while Chrome is obviously the company’s most direct assault on Windows to date, it’s not likely to be all that disruptive to the ubiquitous OS. “It’s not good news for Microsoft,” said FBR Capital Markets analyst David Hilal. “The real question right now is how bad can it be?”
John Paczkowski in News on July 9, 2009 at 8:11 am PT
After a bit of reflection, the Street is beginning to have its say about Google’s new Chrome operating system, and the consensus seems to be that while Chrome is obviously the company’s most direct assault on Windows to date, it’s not likely to be all that disruptive to the ubiquitous OS. “It’s not good news for Microsoft,” said FBR Capital Markets analyst David Hilal. “The real question right now is how bad can it be?”
Peter Kafka in Media on June 25, 2009 at 6:41 am PT
When the economy cratered last fall, even mighty Google was forced to pull back on spending: The company stopped growing its workforce and put several big expensive projects on hold. But that’s likely to change, predicts Bernstein analyst Jeffrey Lindsay. He says that while Google is on track to shell out $1.4 billion on capital expenditures this year, that number will shoot up up more than 40 percent next year, to $2 billion. And if Google doesn’t get a grip on YouTube, that number could keep growing.
Peter Kafka in Media on June 19, 2009 at 9:00 am PT
Are you one of those Kindle owners who stuffs your device with cheap e-books? Enjoy it now, say analysts at Bernstein Research. Because they’re not going to stay cheap, or at least, not quite as cheap, forever. Right now Amazon makes much more money selling you a hardcover book than a digital one. That can’t go on indefinitely.
Peter Kafka in Media on June 9, 2009 at 3:36 pm PT
Web video watchers are college kids who spend all day pirating movies and TV shows, right? Well, maybe some of them are, but new survey data argues ordinary Americans are plenty comfortable watching TV online, especially when they don’t have any other choice.
